321Class02-Financial%20Statements0

321Class02-Financial%20Statements0 - Financial Statements...

Info iconThis preview shows pages 1–14. Sign up to view the full content.

View Full Document Right Arrow Icon
Financial Statements in Annual Report Balance Sheet Income Statement “Statement of Earnings” Statement of Cash Flows Statement of Shareholder’s Equity Auditors’ Report Notes Management Discussion & Analysis (MD&A)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Federal Law Congress, Courts Sarbanes-Oxley Act of 2002 Created PCAOB Securities and Exchange Commission (SEC ) Financial Standards Accounting Board (FASB) General Accepted Accounting Principles (GAAP) International Accounting Standards Board (IASB) Public Accounting Oversight Board (PCAOB)
Background image of page 2
Relationships © 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
SEC Required Statements 10-K Annual Report 10-Q Quarterly Report 8-K Event Report
Background image of page 4
SEC 10-K Required Components © 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
© 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 6
© 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
© 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 8
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
© 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 10
© 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
© 2007 by Fraser, L. & Ormiston, A. from Understanding Financial Statements
Background image of page 12
The Value of Financial Statements Public Disclosure Internal Reporting “for better management” Financial Position Operational Success Record of past performance and, Insight into possible future performance
Background image of page 13

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 14
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/28/2011 for the course FIN 321 taught by Professor Smith during the Fall '08 term at University of Illinois at Urbana–Champaign.

Page1 / 21

321Class02-Financial%20Statements0 - Financial Statements...

This preview shows document pages 1 - 14. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online